Both measures declined slightly. Since the last quarter of last year, they have stabilized at record low levels for both series. I've combined the two measures into a single graph:Both debt service payments (blue line) and total household onligations (red line) are now less than at any time in the 33 year this data has been kept.I long suspected that, before this cycle was over, households would set new all time lows for debt service. That has now come to pass. I believe this new frugality will last for a generation,.